TD Cowen raised the firm’s price target on Infosys (INFY) to $18 from $17 and keeps a Hold rating on the shares. The firm updated its model following better than expected Q3 revenues, larged eals, and continued healthy pipeline supported by FY26 growth guide raise and optimism of further acceleration in FY27.
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Read More on INFY:
- Infosys price target raised to $20 from $18 at BMO Capital
- Infosys price target raised to $19 from $16.50 at Stifel
- Infosys: Strong Growth and Deal Momentum Offset by Margin Constraints, Warranting Hold at Premium Valuation
- Infosys: Improving Revenue Traction and Deal Momentum Offset by Margin Pressure and Execution Risks, Justifying a Hold Rating
- Infosys price target raised to $20.50 from $20.30 at BofA